Finance (Financials)

I am raising this query on behald of a Customer.  For an Example, If a Invoicing Customer is an EU member, then on the invoice, can we automate setting the following text:"Intra-Community supply of goods, Exemption from VAT according to Article No 138(1) of Directive 2006/112/EC. Supply of Services. Reverse Charge according to Article No 44 of Directive 2006/112/EC."This text should appear on the bottom of the invoice. Similar functionality can be seen in Reminders. Is it available in Invoices? 

Good afternoon,I was wondering if anyone has gone from Standard cost to FIFO and if you have scripts to move the parts out of inventory and back in after switching the standard cost flag to FIFO.

Hi all,We went live in January and when we did so estimated material cost was migrated in from our old system and Cost Set Two was calculated using estimated material cost and then copied into Cost Set 1 to set the standard. We now want to base our standard on the latest purchase price.I think I may be misunderstanding the IFS flow for latest purchase price to standard. I am working in Aurena. I thought it was as follows:Calculate Purchase Costs (I am basing on Latest Purchase Price), this is under Warehouse Management-Financial Control Update Estimated Material Costs, this is under Warehouse Management-Financial Control All Parts Cost Calculation (selecting Cost set 2 and selecting Copy Estimated Material Cost), found under Engineering Costing Copy Cost Set to Cost Set 1 (Selecting Cost Set 2), found under Engineering Costing If anyone could map out the steps if this is incorrect that would be wonderf

I am trying to create a customer order from a WO posting when I receive the error below. This is the first time we attempted to use this site and company for work order invoicing. All other sites work ok. Any idea were I set the Tax Liability as ‘Tax’ as standard for this company and site?  

Hello, Could you please explain to me when the M120 and M137 postings are triggered? Thank you, Lina

HI, This is regarding Modify the Accounting period..I am in an opinion to change the Opening and the ending date of my next accounting Period.But in the period that I am looking  to change the dates, there are some “R” Vouchers posted.Those are come as interim vouchers of last month “M” Vouchers.System doesn’t allowed me to modify the Opening and the ending date of my next accounting Period, due to those “R” EntriesPlease Advice.. Thanks,Ishani 

Hi,I am in the Customer Payment Rollback window in IFSAPP10.For Payment Series: CUPAY, Payment Type: Customer Payment when I RMB on the line I can Rollback Complete Payment or Rollback Partial Payment when the Rollback Status is “Not Rolled Back” For Payment Series CUPAY, Payment Type Customer Automatic Payment when I RMB on the line both Rollback options are “greyed-out”.  Anyone knows why? Is the Customer Payment Rollback possible only for certain customer payment types? Regards,Aleksandra

Hello, In the "Customer Invoice Details" screen, for some invoices, I don't see the right click "Reprint Original" in the header. And I can't understand why it is displayed for some invoices and not for others. (See attached screenshot) Could you please help me? Could this have anything to do with a treatment that goes into "Report Archive"? Thank you very much. 

Hi,Question raised on behalf of LCS caseGL account number xxx cannot add to the re evaluation account lists  because of that GL account doesn't not includes ticks for below boxes 1. ledgers account 2. currency balance  

Raised on behalf of G2338512A project must be removed from the DB but not the financial dataWe would like to know if it is possible to :Delete this project but keep some data (accounting)Or to delete the project but without deleting it 

Does anyone have experience with or set up a file template for SAF-T reporting format for Lithuania? IFS have not got Lithuanian format as a standard file Template

Created on behalf of case - CS0081596In IFS cloud, is there a way to record estimated costs and transfer them to cost of sales when a project is not completed?In IFS, costs incurred are treated as capitalized until the project is completed.(Capitalization means that the costs/revenues incurred on a project are capitalized as work in progress on the project.)Therefore, in order to transfer to cost of sales, a completion operation must be performed each month.However, this operation is not possible when there are many hundreds or thousands of projects.In Japanese companies, it is normal to manage costs monthly.In order to do this in IFS, we believe that add-on development would be necessary.Is there a standard function to "record the estimated amount and transfer it to cost of sales" ?Outside of Japan, would it be a problem to not transfer to cost until the project is completed?If there is another method

Hi,May I please know how periodic cost allocation works?I need to se up rules to allocate facilities costs to cost centers including how to create the voucher automatically for it.Are there any documents or information I can refer on this? Thanks 

Hi!I am trying to match a transaction which is not in the base currency and it gives me the below warning message. I do not want to create any transaction, just need to match and clear it off. is there any setting with which I can control this?App10 UPD13 Thank youPamith

Please help me of error verification:In the inventory transaction history window, there are this year's items with the transaction codeARRIVAL and property "company property" valued at 0.We currently have 3 such items:Transaction ID 5597794,5597795 and 5662343.However, each of these items has been decreed and valued on purchase invoices.For example, transaction 5597794 was assigned to FV 55/01/2022, Supplier JBCELECTRONIC.The item was measured on the invoice at PLN 81.06,while the value on the history of warehouse transactions is 0I have already thougt that eventually revauation transactions should be created during matchingprocess, but there are no any transactions with original_transaction_id: 5597794,5597795 and 5662343Please help me to explain that.

Hi,How we could change the voucher type user group "Authorization Level" setting in the "Company Template Detail" so that it displays the authorization level as the "Approve Only" when a new company is created, as shown in the screen print below? The following is the Company Template Detail for the user group FM.  When we use this STD template to create a new company, the authorization level for the user group FM in the new company is set to "Enter and Approve" rather than "Approve Only."   Thanks in advance!Best

Hi,This is related to import Lease Opening Balances functionality. Asset is in Registered status and Asset type is Right of Use. Lease Contract is in Active status. But I am getting an error message as “No further acquisition possible for the Asset ID ". Please help with this.Thanks,Tharanga 

Hi All,I have a project invoice created through Invoicing Plan. The invoice is in Printed status and this invoice is in Customer Invoices with errors window as well. I need to post this invoice. Can I know where the issue is ? Where do I need to check in setings? Regards,M.

Seeking for a guildeline/document to set up the e-invoicing  for suppliers in order to create manual supplier invoices. Customer is in IFSAPP9

Hi all.I have a PO with two articles and two different VATWhen I raise the Invoiie I retrieve the right VAT code:But in the posting proposal lines it anly takes the first line Tax Code…  

Hi Community,I have a problem with Instant Invoice. I want to backdate the invoice. I enter a past date and save. But when I print the invoice, the date changes to the current date.IFS Applications 10 Update 12Why is this?Best regards!

Hi Community, Is there anyway to add the individual user (depending on who is inputting) automatically for the posting proposal acknowledger? Thanks in advance!Best regards,Thakshila

Is there any specific reason why in IFS Cloud with GL Balance Analysis we are able to see different currency values but not the currency codes themselves? This is somehow disturbing especially when using the multi-company option...

Kindly how I can find payments report from cash/Bank accounts (report or scrren) for both mixed payements and Cash Box payments using IFS10 Thank you and best regards,Bilal Drayi

The customer is using APP10 UPD 7. One of the Terminals is based in Vado, Italy and uses the Italian Global Extension functionalities.Vado Gateway uses an external Billing system N4 from where customer invoices are issued.  This is then integrated with IFS to bring the invoices in IFS as External Customer Invoice (Manual Customer Invoice).The Terminal is requesting that the e-Invoice information to the Tax Authorities be sent from IFS to the Tax Authorities.  From the documentation we see that this is possible from Instant Invoice and maybe from Customer Order Invoices.  Is it also possible to send the e-Invoice XML from Manual Customer Invoices?